If you compare the increase in value of investment property in Ararat, 3377 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -8.26%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ararat has increased when compared to the 5 year average annual rate.
Ararat3377 is located in VIC which offers an average discount of -5.87% to property investors. Ararat itself is showing figures that indicate -6.44% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $3000 per annum or $250 every week.
At number 6th in the list of Australian suburbs ordered by increase in median house value over the last year, Ararat, 3377 is in the top 10% with a property value increase of 42.50% recorded in median house prices.
Ararat, 3377’s gross rental yield is 4.22%